“Then Jeremiah said to Zedekiah, “‘Thus says the LORD God of hosts, the God of Israel,’” “‘If you will indeed go out to the officers of the king of Babylon, then you will live, this city will not be burned with fire, and you and your household will survive.’” Jeremiah 38:17 NASBS
Some days I daydream about wrapping my kids in bubble wrap and hiding them away in a closet somewhere until they’re 25 and they can make good, godly decisions without having been influenced by this world. Just walking into certain clothing stores for teenagers reminds me that they are growing up in hostile territory, in a culture that celebrates everything that Jesus taught would kill them. This world has a pointed way of working overtime to influence our kids. It’s enough to make Christian parents despair.
For a variety of reasons, such as higher interest rates, rising inflation and supply chain issues, the financial markets were volatile in 2022 — and this volatility probably showed up in your investment statements. Yet, while you may have been less than happy about your investment returns this year, the volatility and depressed prices may offer you some opportunities at tax time Specifically, you may be able to take advantage of tax-loss harvesting. Using this strategy, you sell securities at a loss to offset capital gains, which you may have if you’ve held some investments for years and they’ve greatly appreciated in value. And if your total losses exceed your gains, you could offset up to $3,000 of ordinary income per year and carry over the rest to future tax years.
Olney’s churches provide many opportunities to celebrate, worship and contribute to the community at large as the holidays draw near. Here is a list of upcoming events that everyone is welcome to contribute to or attend: